LIC's Jeevan Labh (Plan No.

936)

Benefit Illustration

LIC's Jeevan Labh (Plan No. 936)

A Non-Linked, Participating, Individual, Life Assurance Savings Plan
(Unique Identification Number - 512N304V02)

Distribution channel Offline Agency name Agency code

Name of prospect Akash Anans Age of prospect 26 Date of illustration 08-07-2022
Name of life assured Akash Anans Age of life assured 26 Benefit UID/Proposal no. 220708155722855485
Mode of payment of
Policy term 21 Premium paying term 15 Half yearly
premium
Sum assured on death
Basic sum assured Rs. 5,30,000 5,30,000 Instalment premium 14,019.00
(at inception of the policy) Rs.

Bonus type Simple reversionary and final additional bonus

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.

Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy
offers guaranteed benefits then these will be clearly marked 'guaranteed' in the illustration table on this page. If your policy offers variable benefits then the illustrations on this
page will show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper
or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance.

Premium summary
Particular Base plan Riders1 Total instalment premium
Instalment premium without GST 14,019.00 14,019.00
Instalment premium with GST @ 4.50% (1st year) 14,650.00 14,650.00
Instalment premium with GST @ 2.25% (2nd year onwards) 14,334.43 14,334.43
GST rate shall be as applicable from time to time

Page 1
 LIC's Jeevan Labh (Plan No. 936)

(Amount in rupees)

Total benefits (including guaranteed and non-guaranteed benefits)

Non-guaranteed benefits Non-guaranteed benefits
Guaranteed benefits @ 4% p.a. @ 8% p.a.
Maturity benefit Death benefit3 Surrender benefit4
Annualized Maturity Maturity Death Death
Policy year premium2 benefit, incl. benefit, incl. benefit, incl. benefit, incl.
(cumulative) of final of final of final of final Surrender Surrender
Surrender Death Maturity Reversionar Surrender Reversionar Surrender additional additional additional additional benefit @ benefit @
benefit benefit benefit y bonus benefit y bonus benefit bonus bonus bonus bonus 4% (3+7) 8% (3+9)
(FAB), if (FAB), if (FAB), if (FAB), if
any, @ 4% any, @ 8% any, @ 4% any, @ 8%
(5+6+FAB) (5+8+FAB) (4+6+FAB) (4+8+FAB)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)

1 27749 0 530000 0 2120 0 15900 0 0 0 532120 545900 0 0

2 55498 16649 530000 0 4240 0 31800 0 0 0 534240 561800 16649 16649

3 83247 29136 530000 0 6360 1013 47700 7599 0 0 536360 577700 30149 36735

4 110996 55498 530000 0 8480 1375 63600 10316 0 0 538480 593600 56873 65814

5 138745 69373 530000 0 10600 1757 79500 13181 0 0 540600 609500 71130 82554

6 166494 83247 530000 0 12720 2166 95400 16247 0 0 542720 625400 85413 99494

7 194243 97122 530000 0 14840 2609 111300 19567 0 0 544840 641300 99731 116689

8 221992 116102 530000 0 16960 2982 127200 22362 0 0 546960 657200 119084 138464

9 249741 136359 530000 0 19080 3370 143100 25271 0 0 549080 673100 139729 161630

10 277490 157892 530000 0 21200 3784 159000 28382 0 0 551200 689000 161676 186274

11 305239 180701 530000 0 23320 4235 174900 31762 0 0 553320 704900 184936 212463

12 332988 204788 530000 0 25440 4732 190800 35489 0 0 555440 720800 209520 240277

13 360737 230150 530000 0 27560 5286 206700 39645 0 0 557560 736700 235436 269795

14 388486 257178 530000 0 29680 5915 222600 44364 0 0 559680 752600 263093 301542

15 416235 285121 530000 0 31800 6630 238500 49727 0 0 561800 771150 291751 334848

16 416235 294694 530000 0 33920 7459 254400 55943 0 0 563920 787050 302153 350637

17 416235 304268 530000 0 36040 8426 270300 63196 0 0 566040 805600 312694 367464

18 416235 313841 530000 0 38160 9559 286200 71693 0 0 568160 824150 323400 385534

19 416235 323415 530000 0 40280 10900 302100 81748 0 0 570280 842700 334315 405163

20 416235 374612 530000 0 42400 12720 318000 95400 0 0 572400 861250 387332 470012

21 416235 374612 530000 530000 44520 15582 333900 116865 574520 879800 574520 879800 390194 491477

Page 2
 LIC's Jeevan Labh (Plan No. 936)

Notes:

The main objective of the illustration is that the client is able to appreciate the features of the products and the flow of the benefit in different circumstances with some level of
quantification.
This illustration is applicable to a standard (from medical, life style and occupation point of view) life.

1. It includes rider(s) premiums in respect of all the rider(s) opted by the proposer/policyholder at inception of the policy.
2. Annualized premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and goods & service tax. Refer
sales literature for explanation of terms used in this illustration.
3. In any case, the total death benefit at any time shall not be less than 105% of the total premiums paid (excluding GST, extra premium and rider premiums, if any).
4. Special surrender value may however be payable, if it is more favourable to the policyholder.

I, ________________________________________ (name), have explained I, ________________________________________ (name), having received

the premiums, charges and benefits under the policy fully to the the information with respect to the above, have understood the above statement
prospect/policyholder. before entering into the contract.
Place : Place :
Date : Signature of agent/intermediary/official Date : Signature of prospect/policyholder

Page 3